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(1 point) A company issues bonds to gain capital to expand. The face value of the bonds is $1000, redeemable at 101 in 5 years
(1 point) A company issues bonds to gain capital to expand. The face value of the bonds is $1000, redeemable at 101 in 5 years paying interest at j4 = 6%. Investors who purchase these bonds yield 34 = 12%. Construct the amortization schedule of the company's loan. Note: Round all answers to 2 decimal places, and use the rounded answers in your following calculations Time (t) Payment Interest Due Outstanding Principal Book Value 0 N 3
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